Neufund became an associated founding member of the International Token Standardization Association (ITSA) e.V.
Neufund is a blockchain-enabled, challenger investment platform. We make it easy to invest & engage in the governance of innovative companies through equity tokens, a form of digital securities operating on the Ethereum blockchain. Our platform automates the process of raising funds, allowing companies to access a cross-border community of institutional & private investors via regulated offerings on blockchain. Neufund incentivizes investments by sharing the profits that it generates. Having invested through Neufund once, investors can claim part of the revenue from the platform forever.
The International Token Standardization Association (ITSA) e.V. is a not for profit association of German law that aims at promoting the development and implementation of comprehensive market standards for the identification, classification and analysis of DLT- and blockchain-based cryptographic tokens.
So far various reputable organizations have already committed to join ITSA as associated founding members, reaching from corporates (e.g. Commerzbank’s Main Incubator, Bank Frick, MME, Börse Stuttgart) over associations (e.g. Bundesverband deutscher Banken, the German Investment Funds Association BVI), startups (e.g. Cashlink, solarisBank, CryptoTax, and Ambrosus) and universities (e.g. Frankfurt School of Finance and Management, University of Mainz, TU Munich, Hasso Plattner Institute or UCL Centre for Blockchain Technologies in London) to private members (one of the co-creators of the ERC20 standard).